West Virginia Programs

Government Grants & Incentives for Real Estate Investors in Charleston

Charleston, WV offers extremely affordable real estate combined with West Virginia Housing Development Fund's LIHTC program. The state's low cost of living and government employment base create stable rental demand.

8 designated tracts
Opportunity Zones
$838
Section 8 (2-BR)
LIHTC
Tax Credits Available
4
Local Programs

State Housing Finance Agency

West Virginia Housing Development Fund (WVHDF)

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Public Housing Authority

Charleston-Kanawha Housing Authority

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Local Programs

Charleston Government Incentive Programs

These programs are available specifically to investors and developers in the Charleston, WV market.

WVHDF LIHTC Program

West Virginia allocates LIHTC credits through WVHDF for affordable housing development.

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WV Neighborhood Investment Program

State tax credits for contributions to neighborhood investment programs supporting housing and community development.

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Kanawha County CDBG/HOME

Federal community development funds for affordable housing and neighborhood improvement.

WV Historic Tax Credits

State historic rehabilitation tax credit for qualifying properties in West Virginia's historic districts.

LIHTC Tax Credits in West Virginia

Low-Income Housing Tax Credits are the largest source of affordable housing financing in the U.S. In West Virginia, credits are allocated by WVHDF.

How LIHTC Works

  • Dollar-for-dollar federal tax credit over 10 years
  • 9% competitive credits for new construction
  • 4% credits paired with tax-exempt bonds
  • 15-year compliance period for affordable rents

West Virginia Allocator

Credits are allocated by WVHDF through their Qualified Allocation Plan (QAP), which outlines scoring criteria and priorities.

View WVHDF LIHTC Program
Investor Tips

Why Invest in Charleston?

Among the most affordable housing markets in the entire U.S.

Neighborhood Investment Program provides additional state tax credits

State government employment creates stable rental demand

Very limited competition for LIHTC credits

Finance Government-Incentivized Properties in Charleston

FundNow Capital provides DSCR loans, bridge financing, and portfolio loans that complement government incentive programs in Charleston.

DSCR Loans

Qualify using Section 8 rental income — government-backed rents strengthen your DSCR ratio.

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Bridge Loans

Short-term financing to acquire and stabilize properties before permanent LIHTC or agency financing.

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Portfolio Loans

Finance multiple properties in Charleston's Opportunity Zones under a single loan structure.

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Frequently Asked Questions

Get Financing for Investment Properties in Charleston

Tell us about your Charleston investment plans. We'll match you with the best financing options within 24 hours.

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